Argentina: Market for Table, Kitchen Or Household Articles Of Cast Iron 2024

Market Size for Table, Kitchen Or Household Articles Of Cast Iron in Argentina

In 2022, the Argentinian cast iron household articles market increased by 13% to $X, rising for the sixth year in a row after two years of decline. The market value increased at an average annual rate of +4.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Cast iron household articles consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Table, Kitchen Or Household Articles Of Cast Iron in Argentina

In value terms, cast iron household articles production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 20% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports from Argentina

After four years of decline, overseas shipments of table, kitchen or household articles of cast iron increased by 27% to X tons in 2022. Overall, exports, however, showed a significant decline. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, cast iron household articles exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a dramatic descent. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for cast iron household articles exports from Argentina, with a 68% share of total exports. Moreover, cast iron household articles exports to the United States exceeded the volume sent to the second major destination, Uruguay (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled -25.8%.

In value terms, the United States ($X) emerged as the key foreign market for table, kitchen or household articles of cast iron exports from Argentina, comprising 78% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States totaled -25.2%.

Export Prices by Country

The average cast iron household articles export price stood at $X per ton in 2022, picking up by 10% against the previous year. In general, the export price, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2018 an increase of 89%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Uruguay totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports into Argentina

In 2022, the amount of table, kitchen or household articles of cast iron imported into Argentina soared to X tons, with an increase of 76% compared with the year before. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 5,878%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, cast iron household articles imports skyrocketed to $X in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2016 when imports increased by 1,347%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main supplier of cast iron household articles to Argentina, accounting for a 98% share of total imports. It was followed by Colombia (X tons), with a 1.7% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +27.7%.

In value terms, China ($X) constituted the largest supplier of table, kitchen or household articles of cast iron to Argentina, comprising 96% of total imports. The second position in the ranking was held by Colombia ($X), with a 1.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +40.3%.

Import Prices by Country

The average cast iron household articles import price stood at $X per ton in 2022, picking up by 15% against the previous year. Overall, the import price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2014 an increase of 2,420%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Colombia ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+69.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :